Is the Iraqi dinar RV real?
For years, YouTube streams and forums have promised that the Iraqi dinar is about to “revalue” and turn ordinary savings into fortunes. This site compares those promises with what actually happened, using official sources, so you can decide for yourself.
Official rate today: about 1,310 dinars per dollar, unchanged since February 2023.
If you hold dinar
This site isn't here to make fun of anyone. Wanting a better future for your family isn't foolish, and many good, careful people have believed in the revaluation.
Hope deserves honest information. Every claim here links to its source, so you can check it yourself instead of taking anyone's word for it, including ours.
What the RV pitch promises
The story goes like this: buy Iraqi dinar now for a few hundred dollars per million, wait for Iraq to “revalue” or “reinstate” its currency, and cash in at many times the price.
The number usually promised, $3.22, is real history. It was Iraq's official rate from 1982 until the 1990 Gulf War. After the war, sanctions and two decades of conflict, Iraq replaced its currency and the dinar's value collapsed. The notes sold to Americans today are those newer notes.
Promoters say the return to $3.22 is always close: next week, after the budget, after the election, after the new government. Some also sell currency, memberships or products to the same audience.
What has actually happened
The rate hasn't moved since 2023
Iraq's central bank set about 1,300 dinars per dollar in February 2023 and kept it for the 2026 budget.
No new notes have been printed
In August 2026 the central bank said it had not printed notes with zeros removed, and gave no timetable.
Removing zeros doesn't add value
Officials say 1,000 old dinars would become 1 new dinar, with prices adjusted the same way.
Buying and selling costs you
Brokers typically charge a premium to sell dinar and pay well under the official rate to buy it back. Major banks generally won't buy it.
Regulators have warned for years
Washington, Utah, Oklahoma, Alabama and other states have issued public warnings about dinar investment schemes.
Removing zeros won't make anyone rich
The newest promise on dinar streams is “lifting the three zeros.” Iraq really is discussing it. But the officials proposing it describe something very different from a windfall.
A thousand old dinars would become one new dinar, and prices would change the same way. A meal that costs 10,000 dinars would cost 10. Officials have said it would not change anyone's purchasing power. It's like trading a hundred pennies for a dollar bill: fewer coins, same money.
Turkey, Brazil and other countries have done this. Nobody holding the old notes became a millionaire.
- Worth today
- After removing three zeros
- Worth after removing zeros
- Worth at the predicted $3.22
Warning signs to watch for
These patterns show up again and again in dinar content. None proves anything alone; together, they're worth taking seriously.
Deadlines that keep moving
“Next week,” “within days,” “72 hours.” When a date passes, there's a new reason and a new date.
Insiders with no names
“My team,” “my bank friend,” “sources in Iraq.” If the source can't be named or checked, the claim can't either.
Everything is “just my opinion”
Big promises paired with constant disclaimers protect the speaker, not you.
Something to buy
Currency, memberships, supplements or gold sold to the same audience being told riches are coming.
Doubt treated as disloyalty
Critics are called haters or banned, and questions are framed as a lack of faith or patience.
Official sources “misread”
When Iraq's central bank says the rate isn't changing, promoters explain it means the opposite.
Creators we track
Each creator page shows their own predictions, the date they made them, what actually happened, and their publicly listed business connections.
Frank26
KTFA (“Keep The Faith Always”). Forum since 2008 and more than 1,700 YouTube livestreams. His website offers currency through a “broker,” a $10 monthly membership and about 20 products.
How creators are chosen
- Large public audience on YouTube or similar platforms
- Specific, time-bound predictions about the dinar's value or timing
- Content aimed at people buying or holding dinar
How we stay fair
We quote creators' own words with dates and links, check outcomes against official and mainstream sources, and correct anything shown to be wrong. Creators may submit a response.
Common questions
Is the Iraqi dinar RV real?
No revaluation has happened. Iraq's central bank has kept the official rate at about 1,300 dinars per dollar since February 2023 and kept that rate in its 2026 budget. Iraqi officials have not announced any plan to raise the dinar's value to anything like $3.22. Several US states, including Washington, Utah, Oklahoma and Alabama, have warned the public about dinar investment schemes.
When will the Iraqi dinar revalue?
No one can give a real date, and promoters' dates have come and gone for years. In a sample of one Frank26 livestream per month since 2023, we found 24 specific predictions. None came true. If a revaluation were truly imminent, you would hear it from Iraq's central bank and major financial news, not first from a YouTube stream.
Will removing the three zeros make my dinar worth more?
No. Under the proposal Iraqi officials have discussed, 1,000 old dinars would become 1 new dinar, and prices would change the same way. Officials have said it would not change purchasing power. One million dinars is worth about $763 today and would still be worth about $763 as 1,000 new dinars.
Why do people say the dinar will be worth $3.22?
Before the 1990 Gulf War, Iraq's official rate was about $3.22 per dinar. After the war, sanctions and decades of conflict, Iraq replaced its currency and the dinar's value collapsed. The dinars sold to Americans today are those newer notes, worth a tiny fraction of a cent each.
Can I sell my dinar back?
Major US banks generally don't buy Iraqi dinar. Dealers who do typically pay well below what they charge: one financial education site estimates brokers sell at a 25–30% premium and buy back at around 30% under the official rate. Before buying more, ask any seller what they would pay to buy it back today.
Is Frank26 credible?
Judge for yourself from the record. His own website describes a background in biology and respiratory therapy, not finance. He has said on stream that he isn't a wealth adviser, and his site offers currency through an unnamed broker alongside about 20 other products. See his full track record for every checked prediction.
Someone I love believes in the RV. What should I do?
Don't mock them. Hope for a better life isn't foolish, and arguments usually make people dig in. Share one specific prediction and its outcome, then ask a question: “How many ‘next weeks’ have there been?” Help them check the official rate themselves, and encourage them not to buy more.
Sources
- Iraq keeps 1,300 rate for 2026 budget, unchanged since Feb 2023 (Iraqi News)
- Central bank denies printing notes with zeros removed (Iraqi News, Aug 2026)
- Removing zeros would not change purchasing power (bne IntelliNews)
- Zero removal still under discussion (The National)
- Dinar history, broker premiums and buy-back rates (Corporate Finance Institute)
- Iraqi dinar history and state regulator warnings (Wikipedia, with links to each state's warning)